Top 10 Islamic funds in Africa by three-month returns (21-Oct-2024)
Rank | Funds | Fund Manager | 3 months returns |
1 | Old Mutual Global Islamic Equity Portfolio | Old Mutual Unit Trust | 6.10% |
2 | FNB Islamic Balanced Fund | FNB Multi Management | 3.20% |
3 | 27four Shariah Active Equity Fund | 27 Four Investment Managers | 3.08% |
4 | 27four Shariah Wealth Builder Fund | 27 Four Investment Managers | 2.65% |
5 | 27four Shariah Multi-Managed Balanced Fund | 27 Four Investment Managers | 2.40% |
6 | 27four Shariah Balanced Fund of Funds | 27 Four Investment Managers | 2.31% |
7 | 27four Shariah Stable Fund | 27 Four Investment Managers | 2.01% |
8 | 27four Shariah Income Fund | 27 Four Investment Managers | 1.64% |
9 | 27four Shariah Global Flexible Fund | 27 Four Investment Managers | -1.88% |
10 | 27four Best View Shariah Global Equity Fund | 27 Four Investment Managers | -2.94% |
Top 10 Islamic funds in Africa by AuM (21-Oct-2024)
Rank | Fund Name | Fund Manager | AuM (US$ millions) |
1 | Oasis Crescent Equity Fund | Oasis Crescent | 312.46 |
2 | Old Mutual Albaraka Balanced Fund | Old Mutual Unit Trust | 301.09 |
3 | Islamic Balanced Fund | Camissa Asset Management | 234.06 |
4 | Old Mutual Global Islamic Equity Portfolio | Old Mutual Unit Trust | 188.50 |
5 | Oasis Crescent Income Fund | Oasis Crescent | 176.11 |
6 | Old Mutual Albaraka Equity Fund | Old Mutual Unit Trust | 142.03 |
7 | Islamic Equity Fund | Camissa Asset Management | 133.50 |
8 | Islamic Global Equity Fund | Camissa Asset Management | 132.38 |
9 | Stanlib Multi-Manager Shariah Balanced Fund of Funds | Stanlib Multi-Manager | 126.12 |
10 | Oasis Crescent International Feeder Fund | Oasis Crescent | 113.62 |
Top 10 Islamic fund managers in Africa by AuM (21-Oct-2024)
Rank | Fund Manager | Country | AuM (US$ billions) |
1 | Oasis Crescent | South Africa | 749.77 |
2 | Old Mutual Unit Trust | South Africa | 737.11 |
3 | Camissa Asset Management | South Africa | 653.33 |
4 | Stanlib Multi-Manager | South Africa | 126.12 |
5 | 27 Four Investment Managers | South Africa | 110.25 |
6 | Sentio Capital Management | South Africa | 48.94 |
7 | Chapel Hill Denham Management | Nigeria | 32.36 |
8 | Element Investment Managers | South Africa | 24.84 |
9 | Visio Fund Management | South Africa | 23.76 |
10 | Azimut Egypt Asset Management | Egypt | 16.97 |
Islamic funds breakdown by asset class – Africa (21-Oct-2024)
Islamic funds breakdown by fund type – Africa (21-Oct-2024)